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Obsbit Broker Review

  1. Obsbit is a cryptocurrency broker operated and owned by Setonix Holding LTD which is registered at Majuro, Marshall Islands. This broker is specialized in trading with cryptocurrencies and promises to its clients an expert knowledge together with big trading potential and a large profit. Below this introduction part, we provide more detailed information that our team has found for this broker!

  2. Account Features

    When it comes to the account types, Obsbit broker offers six different options to its clients. The traders are free to choose what suits them the best and what they prefer based on the skills and trading preferences. Below we listed all six accounts and their advantages:

    Discover Account

    • Min. Deposit 200$-3,000$
    • Free training
    • Personal Account Manager
    • Access to all 3 platforms
    • Pop up messages

    Silver Account

    • 3,001$-10,000$
    • Free training
    • Personal Account Manager
    • POP UP ALERTS
    • One Click Trade

    Gold Account

    • 10,001$-30,000$
    • Free training
    • Free Webinars
    • Personal Account Manager
    • Trading insider
    • One Click Trading
    • Pop up alerts

    Premium Account

    • 30,001$-50,000$
    • Free training
    • Free Webinars
    • Personal Account Manager
    • One Click Trading
    • Pop up alerts
    • Spread discount in 15-20 pairs
    • The personal customer service agent

    VIP Account

    • 50,001$-100,000$
    • Free training
    • Free Webinars
    • Personal Account Manager
    • One Click Trading
    • Pop up alerts
    • Spread discount on more than 30 pairs
    • The personal customer service agent
    • Express withdraw
    • The fastest and most high-tech servers

    Luxury Club

    100,0000+$

    For this special type of account, traders need to contact an Account manager for more information

  3. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs
  4. Testimonials FairForexBrokers Your capital is at risk

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  5. Trading Software & Assets

    This broker is using Active8, trading platform created by the Leverate developers. At their website, Obsbit broker claims that this platform is easy to use platform with a unique interface, appealing front-end, and visually effective dashboard.

    Unlike the MT4 that fulfills the full potential of each trader, this platform has many disadvantages that disallow traders effective trading at any time. What is important to say also is the fact that the MT4 platform is extremely popular for its expert advisor’s team and graphs with many settings available for trading.

    Education

    Trading and education materials are always welcome because trading software is the most commonly used by beginners to professionals. What we observe on the Obsbit broker Education page is copy paste information that is offered as educational materials. In this section, you can find information on various cryptocurrencies, indicators and trading strategies, but you are not able to get acquainted with or use the educational material during trading.

  6. If you want to trade with an award-winning licensed broker, we recommended using IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  7. Support Information

    There are more ways to contact the support team on the broker’s page: customer support help form, phone number or email.

    Obsbit broker lists three different phone numbers that traders can use, and these are:

    UK +44 (0) 330 027 1676

    ES +34 935 227 635

    DE +49 3222 999 0324

    Also, there is a support email address on which traders can send a direct email with questions. There are also three different emails created for different countries:

    Regarding the live chat option, our team tried to contact this broker through the live chat several times but that was unsuccessful.

  8. Try trading with an award-winning broker like IQ Option

    Between 74-89 % of retail investor accounts lose money when trading CFDs

  9. Banking & Company Information

    Another interesting fact we have learned about this broker is, of course, payment methods. On the broker page, they are not even written in a visible place, and Obsbit broker uses only credit cards and bank wire transfers for a deposit. Popular e-payment systems such as Neteller, Skrill and others are not allowed.

    If you decide to deposit for any reason, we advise you to check all the information and possible hidden fees that are not visible on the broker page.

    Verdict

    Obsbit is not a promising broker and without regulation and different minuses listed in our review, we need to confirm what we thought from the beginning. This broker is a scam and to trade with more regulated and non-scam broker visit our broker’s section where you can find something advisable for our traders, no matter if they are beginners or professionals!

  10. Conclusion:

    We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

    • FREE $10,000 demo account
    • Award-winning trading platform
    • Licensed and regulated broker

    Trade with an
    award-winning broker
    like IQ Option

     

     

    Between 74-89 % of retail investor accounts lose money when trading CFDs
    11. Your capital is at risk

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